Tag: Data

‘Bitcoin $100K Break Was Emotional’ – On-Chain Data Shows No Structural Damage

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Bitcoin has officially lost its footing below the critical $100,000 level, rattling markets and fueling a wave of fear-driven selling. The move comes after a sharp surge in bearish sentiment, with CryptoQuant data indicating that Bitcoin’s latest decline is largely psychological rather than fundamentally driven. Related Reading Over the past several days, the market has shifted from confidence to panic at remarkable speed. The Fear & Greed Index plunged to 21 — deep in fear territory — just days after BTC briefly tapped $107K. Bullish narratives calling for a $150K–$200K…

FTSE Russell, Chainlink Bring Index Data Onchain

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Global index provider FTSE Russell has partnered with Chainlink to publish its benchmark equity and digital asset indexes onchain, highlighting how blockchain technology is being used to deliver institutional-grade market data. On Monday, Chainlink announced that data for the Russell 1000, Russell 2000 and Russell 3000 small-cap indexes, the FTSE 100 Index and several digital asset benchmarks will be made available across multiple blockchains via DataLink, an institutional-grade publishing service powered by the oracle network. Source: Scott Melker The Russell indexes, widely used as benchmarks for US small- and mid-cap…

Cipher Mining Seals 15-Year Deal With Amazon for 300MW Data Center

Cipher Mining Inc. has signed a 15-year data center campus lease with Amazon Web Services (AWS) to supply 300 megawatts of capacity for artificial intelligence (AI) workloads, marking one of its largest high-performance computing (HPC) initiatives to date. Cipher Mining’s $5.5B AWS Lease Anchors AI Hosting Expansion Bitcoin miner and HPC provider, Cipher Mining Inc. […] Source CryptoX Portal

Is Bitcoin Bull Run Over? CryptoQuant CEO Presents The Data

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Bitcoin’s on-chain picture is flashing a rare combination: substantial profits across cohorts, rising realized capitalization, and record network hashrate—yet none of the price-accelerating euphoria that typically marks late-stage bull legs. That is the central takeaway from CryptoQuant CEO Ki Young Ju’s latest thread, which parses holder cost bases, cohort profitability, leverage, and the evolving role of ETFs and corporate treasuries in setting the tape. Is The Bitcoin Bull Run Over? The headline number is startling on its face. “Bitcoin wallets’ avg cost basis is $55.9K, meaning holders are up ~93%…

Bitcoin price dips below $108K as Binance data turns bearish

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Bitcoin fell below $108,000 as rising reserves on Binance and cooling institutional demand indicate a loss of short-term momentum. Summary Bitcoin price has retraced 2.7% in the last day with 63% higher daily volume. Binance data shows fading bullish alignment as exchange reserves climb. Technicals lean bearish with support at $106K and resistance near $111K. Bitcoin was trading at $107,607 at press time, down 2.7% in the past 24 hours. The asset has moved between $106,786 and $115,957 over the last week, dropping 6.4% in seven days and 12% in…

Are Bitcoin Investors Back In Accumulation Mode? On-Chain Data Says ‘Possibly’

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Opeyemi is a proficient writer and enthusiast in the exciting and unique cryptocurrency realm. While the digital asset industry was not his first choice, he has remained absolutely drawn since making a foray into the space over two years. Now, Opeyemi takes pride in creating unique pieces unraveling the complexities of blockchain technology and sharing insights on the latest trends in the world of cryptocurrencies. Opeyemi savors his attraction to the crypto market, which explains why he spends the better parts of his day looking through different price charts. “Looking”…

Is November the New October? Analyst Says It’s Bitcoin’s Strongest Month — Here’s the Data

CryptoX – Cryptocurrency Analysis and News Portal Lark Davis called November bitcoin’s strongest month with a 42.5% average gain; the median is far lower and a single outlier year does much of the lifting. Source The post Is November the New October? Analyst Says It’s Bitcoin’s Strongest Month — Here’s the Data appeared first on CryptoX. CryptoX Portal

Crypto Sleeps While AI Builds The Richest Data Set Monopolies

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Opinion by: Ram Kumar, core contributor at OpenLedger The crypto industry spent a decade evangelizing decentralization. At the same time, AI companies assembled the most valuable monopolies since Standard Oil, and they’re data monopolies that make protocol dominance look trivial by comparison. The AI industry is expected to generate over $300 billion in revenue by 2025, primarily through training models on trillions of tokens scraped from researchers, writers and domain experts.  Bitcoin maxis fought block size wars. Ethereum debated MEV extraction. Meanwhile, OpenAI, Google and Anthropic scraped the entire corpus…

Riot Platforms Sees Record Q3 Revenue But Says Data Centers Is Endgame

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Riot Platforms has reiterated its strategy has evolved to “maximizing the value of our megawatts,” rather than just mining Bitcoin, despite posting record revenues in Q3 on the back of a Bitcoin production surge.  During a conference call following the release of the firm’s Q3 results on Wednesday, Riot Platform’s vice president of investor relations, Josh Kane, indicated that while the firm is happy with its work in Bitcoin mining initiatives, its broader focus is now on “monetizing megawatts.” “As our strategy has evolved, so has our approach to our…

Bitcoin, Gold Brace for CPI as Key Data Goes Dark

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With most U.S. economic data frozen by the ongoing government shutdown, September’s CPI report, set for release on Oct. 24, has become the market’s only major guidepost. Traders are watching closely for signs of easing inflation that could shape liquidity expectations and drive bitcoin’s next move. All Eyes on CPI Amid U.S. Shutdown and Market […] Original